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Polymath coin (POLYUSD) has taken the crypto market by surprise after it registered a 144% surge today.
The move comes as the majority of cryptocurrencies put their best foot forward today following a largely bearish week that has seen Bitcoin (BTCUSD) which is the largest cryptocurrency by market cap, drop towards its June lows.
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According to a CoinMarketCap community member going by the name of WILD-DOG, today’s POLY pumping was triggered by a single whale. WILD-DOG said:
“$POLY – Pumping triggered by a single whale.. not a gradual onset. Momentum continued by innocent victims.. Whale pulls 100% their investment. You are trapped! and waiting for a hope that there will be another bull run. Your investment gradually drained down the toilet.”
To help traders seeking to take advantage of the sudden Polymath price surge, Invezz has prepared this brief guide on where one can purchase the POLY coin.
To find out more, please continue reading.
Best places to buy Polymath coin
Binance
Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.
Wazirx
WazirX is India’s largest crypto exchange. Started in 2018, WazirX has grown to be the most trusted exchange in the Indian crypto market. It is a part of the binance group, serving users in 180 countries.
What is Polymath?
Polymath is a platform that provides the technology to create, issue, and manage security tokens. It spearheaded the creation of Polymath’s Ethereum-based ERC 1400 tokens.
So far over 200 ERC 1400 tokens have been deployed using Polymath.
The main aim of Polymath was to allow blockchains to meet the regulatory requirements of capital markets. To that extent, Polymath built Polymesh, an institutional-grade blockchain built for regulated assets.
The native token of Polymesh is Polymath (POLY).
Should I buy POLY today?
If you want to invest in a digital asset that has surged by triple digits today, then POLY could be a good choice.
Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.
Polymath coin price prediction
Going, by today’s surge and the subsequent bearish correction, analysts expect POLY to try and recover today’s high of $0.44 in the coming days.
$POLY social media trends
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Image and article originally from invezz.com. Read the original article here.